23 July 2015

easyJet looks to post US$965m – US$1.03bn full-year profit

Despite a 5.4% Q3 fall in revenue per seat to £59.08 (US$91.95) easyJet is looking to post a full year profit of between £620million – £660million (US$965million – US$1.03billion). The results have exceeded expectations given in May’s guidance. The airline was beset with problems during Q3 with the Fiumicino fire which caused 773 cancellations, and […]

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AirBridgeCargo appoints Georges Biwer as Vice President EMEA

AirBridgeCargo Airlines (ABC) has appointed Georges Biwer as Vice President, EMEA. As Vice President for scheduled business operations, EMEA, Georges Biwer will focus on growing ABC’s scheduled cargo operations inside and beyond Europe with ABC going online in the Middle East and the African continent to provide a broader variety of export destinations for European

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Hangar expansion construction underway for Lufthansa Technik Philippines

Lufthansa Technik Philippines’ (LTP) hangar expansion is on track, six months after the Manila-based aircraft maintenance, repair, and overhaul (MRO) provider broke ground in January to extend its main hangar. The construction expands two existing bays equipped with versatile docking systems that can accommodate current widebodies and newer models for the Airbus A350, Boeing 777-9X,

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Alcoa completes acquisition of RTI International Metals

Alcoa, a leader in lightweight metals, has completed the acquisition of RTI International Metals (RTI), a global leader in titanium and specialty metal products and services for the aerospace, defense, energy and medical device markets. The merger, announced on March 9th, became effective on July 22nd. Under the terms of the merger agreement, each share

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UAL reports US$1.3bn second-quarter 2015 profit

United Airlines (UAL) reported second-quarter 2015 net income of US$1.3b excluding US$67m of special items. Including special items, UAL reported second-quarter net income of US$1.2b. These results are a record quarterly profit for the company. For the second quarter of 2015, total revenue was US$9.9bn, a decrease of 4% year-over-year. Second-quarter consolidated passenger revenue decreased

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Southwest Airlines reports record quarterly profit

Southwest Airlines’second quarter 2015 total operating revenues were US$5.1bn, a 2.0% increase compared with second quarter 2014, largely driven by second quarter 2015 passenger revenues of US$4.9bn. In second quarter 2014, the Company recorded US$47m in additional passenger revenues due to a change to previously recorded estimates of tickets expected to spoil in the future,

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Airbus’ Runway Overrun Prevention System (ROPS) certified by EASA on A330 Family

Airbus has achieved EASA certification of its innovative Runway Overrun Prevention System (ROPS) technology on A330 Family aircraft. This on-board cockpit technology, which Airbus has pioneered over several years, is now certified and available on all Airbus Families. ROPS is an alerting system which reduces exposure to runway overrun risk, and if necessary, provides active

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